Civic Intelligence

Owsley County Housing Association

EIN 31-0908695 • 501(c)3 • Booneville, KY

Pub. 78 Eligible

Profile

The organization operates an apartment complex for low income and disabled individuals. The rent is subsidized under a section 8 subsidy.

Box 326 Riverside ApartmentsBooneville, KY 41314

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

96th percentile

1.83x

Higher debt load relative to assets than 96% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

97th percentile

1.83x

Higher debt load relative to revenue than 97% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

39th percentile

-3.0%

Higher net margin than 39% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

53rd percentile

-0.1%

Faster asset growth than 53% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

49th percentile

-3.5%

Faster revenue growth than 49% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$423,643

Down $429 (-0.1%) from 2023

Liabilities

Up

$775,166

Up $12,419 (+1.6%) from 2023

Net Assets

Down

-$351,523

Down $12,848 (-3.8%) from 2023

Revenue

Down

$423,541

Down $15,427 (-3.5%) from 2023

Expenses

Up

$436,389

Up $16,150 (+3.8%) from 2023

Net Income

Down

-$12,848

Down $31,577 (-169%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.0M$500K$0-$500KAssets 2016: $455,951Liabilities 2016: $730,855Net Assets 2016: -$274,9042016Assets 2017: $465,938Liabilities 2017: $752,417Net Assets 2017: -$286,4792017Assets 2018: $456,747Liabilities 2018: $755,042Net Assets 2018: -$298,2952018Assets 2019: $464,572Liabilities 2019: $767,874Net Assets 2019: -$303,3022019Assets 2020: $480,229Liabilities 2020: $788,997Net Assets 2020: -$308,7682020Assets 2021: $430,772Liabilities 2021: $763,646Net Assets 2021: -$332,8742021Assets 2022: $406,576Liabilities 2022: $763,980Net Assets 2022: -$357,4042022Assets 2023: $424,072Liabilities 2023: $762,747Net Assets 2023: -$338,6752023Assets 2024: $423,643Liabilities 2024: $775,166Net Assets 2024: -$351,5232024

Highlighted filing

2024

Assets$423,643
Liabilities$775,166
Net Assets-$351,523

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0-$200KRevenue 2016: $334,983Expenses 2016: $351,553Net Income 2016: -$16,5702016Revenue 2017: $344,035Expenses 2017: $355,610Net Income 2017: -$11,5752017Revenue 2018: $355,743Expenses 2018: $367,559Net Income 2018: -$11,8162018Revenue 2019: $363,646Expenses 2019: $368,653Net Income 2019: -$5,0072019Revenue 2020: $368,159Expenses 2020: $373,625Net Income 2020: -$5,4662020Revenue 2021: $374,615Expenses 2021: $398,721Net Income 2021: -$24,1062021Revenue 2022: $382,674Expenses 2022: $407,204Net Income 2022: -$24,5302022Revenue 2023: $438,968Expenses 2023: $420,239Net Income 2023: $18,7292023Revenue 2024: $423,541Expenses 2024: $436,389Net Income 2024: -$12,8482024

Highlighted filing

2024

Revenue$423,541
Expenses$436,389
Net Income-$12,848

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Sep 1, 2023 to Aug 31, 2024
Signed
Jun 18, 2025
Return Version
2023v6.0
Gross Receipts
$423,541
Mission and Program Overview

Mission

The organization operates an apartment complex for low income and disabled individuals. The rent is subsidized under a section 8 subsidy.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$241,820$214,334▼ $27,486
Cash and Non-Interest-Bearing Accounts$5,352$26,453▲ $21,101
Prepaid Expenses and Deferred Charges$4,157$5,098▲ $941
Accounts Receivable$6,840$4,692▼ $2,148
Total Assets$424,072$423,643▼ $429
Other Assets Total$165,903$173,066▲ $7,163
Liabilities
Mortgage Notes Payable Secured by Investment Property$728,046$729,789▲ $1,743
Accounts Payable and Accrued Expenses$27,757$38,466▲ $10,709
Other Liabilities$4,834$4,705▼ $129
Deferred Revenue$2,110$2,206▲ $96
Total Liabilities$762,747$775,166▲ $12,419
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-338,675$-351,523▼ $12,848
Total Net Assets Fund Balance$-338,675$-351,523▼ $12,848
Total Liabilities and Net Assets / Fund Balance$424,072$423,643▼ $429

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$197,184$950,209$1,147,393
Equipment$0$17,312$17,312
Land$17,150-$17,150
Other Land Buildings$0$10,168$10,168
Other Assets Org$172,581--
Compensation and Service Providers
Revenue and Support

Revenue Composition

Contributions and Grants
$312,370
Program Service Revenue
$98,715
Investment Income
$5,790
Other Revenue
$6,666
Change in Net Assets
$-12,848

Audited Revenue Reconciliation

Revenue per Audited Statements
$423,541
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$423,541
Total Revenue per Form 990
$423,541
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$272,522
Salaries, Compensation, and Employee Benefits$163,867
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$144,840--$144,840
Insurance$45,635--$45,635
Fees for Services Management-$29,024-$29,024
Depreciation Depletion$27,485--$27,485
Payroll Taxes$12,175--$12,175
All Other Expenses$8,805$2,218-$11,023
Office Expenses-$9,937-$9,937
Other Employee Benefits$6,852--$6,852
Interest$6,166--$6,166
Other Expenses$5,162--$5,162
Fees for Services Accounting-$4,850-$4,850
Conferences and Meetings$1,931--$1,931
Advertising$444--$444
Fees for Services Legal$84--$84
Total Functional Expenses$390,360$46,029$0$436,389

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$436,389
Total Expenses per Audited Statements$436,389
Total Expenses per Form 990$436,389
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Security Deposits$4,705
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, line 3

The organization has a management agent agreement to manage all operations

Form 990, Part VI, Section A, line 8B

Not applicable - no committees

Form 990, Part VI, Section B, line 11B

The return is first sent to the managing agent for review. After the managing agent approves the return, it is sent to the board of directors for approval. After the board approves the return, the signing officer approves and signs the return.

Form 990, Part VI, Section C, line 19

All documents are available for review upon request.

Filing and Contact Details

Filer

Filer Name
Owsley County Housing Association
EIN
31-0908695
Phone
6065935852
Address
BOX 326 RIVERSIDE APARTMENTS, BOONEVILLE, KY 41314

Signing Officer

Name
kendall robinson
Title
President
Phone
5026349830
Signed
2025-06-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kendall Robinson
Formed
1971
Legal Domicile
Ky
Voting Board Members
5
Independent Board Members
5
Employees
3
Volunteers
0

Preparer

Firm
Bob Wientjes CPA LLC
Address
524 GABLEWOOD CIRCLE, LOUISVILLE, KY 40245
Preparer
Bob E Wientjes
Phone
5023961506
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0304
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0181
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt01357
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt011113
IRS990ScheduleA/InvestmentIncomeCYPct00.00560
IRS990ScheduleA/InvestmentIncomePYPct00.00430
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt06666
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt044341
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt04083
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt04752
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt05893
IRS990ScheduleA/OtherIncome509Grp/TotalAmt065735
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.96130
IRS990ScheduleA/PublicSupportPY509Pct00.96170
IRS990ScheduleA/PublicSupportTotal509Amt01911109
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0411085
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0391146
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0378287
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0369682
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0360909
IRS990ScheduleA/Total509Grp/TotalAmt01911109
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0423541
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0438968
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0382674
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0374615
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0368159
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01987957
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0197184
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0950209
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01147393
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt017312
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt017312
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0436389
IRS990ScheduleD/LandGrp/BookValueAmt017150
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt017150
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0485
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1172581
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Utility Deposit
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Restricted Deposits and Funded Reserves
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt010168
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt010168
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt04705
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Tenant Security Deposits
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0423541
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0214334
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0173066
IRS990ScheduleD/TotalExpensesPerForm990Amt0436389
IRS990ScheduleD/TotalLiabilityAmt04705
IRS990ScheduleD/TotalRevenuePerForm990Amt0423541
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0423541
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0436389
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS A MANAGEMENT AGENT AGREEMENT TO MANAGE ALL OPERATIONS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NOT APPLICABLE - NO COMMITTEES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE RETURN IS FIRST SENT TO THE MANAGING AGENT FOR REVIEW. AFTER THE MANAGING AGENT APPROVES THE RETURN, IT IS SENT TO THE BOARD OF DIRECTORS FOR APPROVAL. AFTER THE BOARD APPROVES THE RETURN, THE SIGNING OFFICER APPROVES AND SIGNS THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL DOCUMENTS ARE AVAILABLE FOR REVIEW UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, line 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0424072
IRS990/TotalAssetsEOYAmt0423643
IRS990/TotalAssetsGrp/BOYAmt0424072
IRS990/TotalAssetsGrp/EOYAmt0423643
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0312370
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt046029
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0390360
IRS990/TotalFunctionalExpensesGrp/TotalAmt0436389
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0762747
IRS990/TotalLiabilitiesEOYAmt0775166
IRS990/TotalLiabilitiesGrp/BOYAmt0762747
IRS990/TotalLiabilitiesGrp/EOYAmt0775166
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-338675
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-351523
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0390360
IRS990/TotalProgramServiceRevenueAmt098715
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt05790
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0105381
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0423541
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0424072
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0423643
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0RIVERSIDE APTS
IRS990/USAddress/CityNm0BOONEVILLE
IRS990/USAddress/StateAbbreviationCd0KY
IRS990/USAddress/ZIPCd041314
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0kendall robinson

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